AP Economics – 10/11/18
I. Bellwork
A. Briefly summarize the article below using CER (claim, evidence and reasoning) 3pts
B. Explain the tariff’s impact on consumer surplus and producer surplus. 2pts
C. Explain how dead weight loss is involved. 1 pt
II. Objectives
- Analyze and summarize current events identifying the evidence supporting the reasoning of a claim.
- Determine the impact of excise taxes on consumer surplus, producer surplus, deadweight loss and tax revenue.
III. Classwork
- on iLearn – 2.10- Worksheet – Welfare Analysis Practice
- Turn in Today
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